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Vertical farming company Oishii, best known for its premium strawberries and tomatoes, has acquired the “key IP and assets” of harvest robotics startup Tortuga AgTech. Financial terms of the deal were not disclosed.
Colorado-based Tortuga AgTech is best known for its robots that harvest strawberries, table grapes, and berries, in addition to collecting data from plants and performing a few other tasks like trimming and treating plants with UV-C light.
“We have had our eye on Tortuga AgTech’s growth over the years and watched as they successfully deployed $50M in capital over 8 years to develop industry leading technology,” Oishii cofounder and COO Brendan Somerville told AgFunderNews.
He noted that the primary decision behind the acquisition was “the importance…more
Source agfundernews.com
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